Nevada

LAS VEGAS — NCUA plans to propose a rule to "effectively eliminate" the 5% cap on fixed assets, NCUA Chairman Debbie Matz announced.

LAS VEGAS — NCUA Chairman Debbie Matz reiterated last week that the agency plans to make "significant changes" to its proposed risk-based capital rule, but some industry stakeholders were still skeptical of how the final rule will look, particularly if it isn't reissued for a second comment period.

LAS VEGAS — Despite NCUA Chairman Debbie Matz's repeated promises of significant changes that will be made to the agency's proposed risk-based capital rule — most recently at NAFCU's annual meeting here — there's still a lot of anxiety among credit union executives about how the final rule will shake out.

LAS VEGAS — Ed Templeton, president and CEO of SRP FCU in North Augusta, S.C., has been elected chairman of NAFCU's board of directors.

LAS VEGAS — After months of largely negative feedback from credit unions, NCUA Chairman Debbie Matz announced Wednesday that the agency plans to make "significant changes" to its proposed risk-based capital rule.

Credit union executives converged on Las Vegas for NAFCU's convention last week where the trade group officially honored its Annual Award winners.

LAS VEGAS — What should diversity look like on a credit union's board of directors?

LAS VEGAS — Offering members credit monitoring after a data breach is akin to a smoke alarm defense to fraud — the fire has already started.

LAS VEGAS — The key to successful credit union auto lending programs is to "be there when the members are."

LAS VEGAS — The auto lending world is moving inexorably to a model that features mobile technology and is fueled by impatience.

Regulators have ordered Community 1st Bank Las Vegas in New Mexico to appoint a new chief executive and clean up its loan portfolio.

LAS VEGAS — To thrive in the second half of 2014, credit unions need to do some much-needed — if slightly belated — spring cleaning.

LAS VEGAS — The good news: CUs set a new record for lending origination volume in 2013. The bad news: that's still not good enough. The answer: it's time to figure out how to "steal market share."

Banc of California (BANC) in Irvine has acquired an 8% stake in Clearinghouse CDFI, an institution that serves low- to moderate-income communities in California and Nevada.

LAS VEGAS — Even in this beaten-down housing market some home owners actually have equity, meaning home equity loans — a lending category that largely was forgotten in the aftermath of the housing crisis — are coming back.

Capitol Bancorp said late Monday that it will sell its four remaining banks to Talmer Bancorp in Troy, Mich.

The Treasury Department plans to auction stakes in eight more banks as it continues winding down the Troubled Asset Relief Program.

Cathay General Bancorp (CATY) has agreed to acquire about $40 million of deposits and a Las Vegas branch from SWNB Bancorp, marking Cathay's entrance in the Vegas market.

Royal Bank of Scotland (RBS) will pay $42 million to settle a probe by Nevada's attorney general into its mortgage-purchase practices before the housing crisis.

With problem real estate loans continuing to pile up, Western Liberty Bancorp in Las Vegas announced Monday that it lost $2.4 million in the fourth quarter and $14.2 million for the full year.